Rothbard on Mises: Depression Not Inevitable, Result of Central Banks

**dujac** · Mar 24 2012, 07:46 AM

Originally Posted by snooop

A routine swing and miss by a misguided liberal.

just admit you're so under-educated and gullible, you have no clue what the facts are about the fed or how it operates and you fall for misinformation and propaganda like some kind of patsy

**snooop** · Mar 24 2012, 07:51 AM

Originally Posted by dujac

just admit you're so under-educated and gullible, you have no clue what the facts are about the fed or how it operates and you fall for misinformation and propaganda like some kind of patsy

Anyone who reads your garbage would know who is under-educated, misinformed, brainwashed, and misguided person in this thread. Live with it kid. You're exposed. If you think your bull(*)(*)(*)(*) can fool anyone, think again

**Dr. Righteous** · Mar 24 2012, 07:57 AM

Originally Posted by dujac

notice all the post-constitutional volatility

Sure. That's what happens when you couple fractional reserve banking with decades of central banking and greenbacks.

I agree that fractional reserve banking, central banking, and fiat currencies all cause the massive volatilities of inflation and deflation.

**dujac** · Mar 24 2012, 07:57 AM

Originally Posted by snooop

Anyone who reads your garbage would know who is under-educated, misinformed, brainwashed, and misguided person in this thread.

if i'm under-educated then it should be no problem for you to demonstrate that i'm wrong

let's take this assertion first, the fed is not a private, profit-making institution

show me how that's not correct, with the info source

Originally Posted by Dr. Righteous

I agree…

with who? goldbug propagandists

**snooop** · Mar 24 2012, 08:06 AM

Originally Posted by dujac

if i'm under-educated then it should be no problem for you to demonstrate that i'm wrong

let's take this assertion first, the fed is not a private, profit-making institution

show me how that's not correct, with the info source

And yet you fail to enlighten us how $3 trillion worth of toxic trash are parked on the Fed balance sheet as we speak.

Originally Posted by dujac

with who? goldbug propagandists

This must be stupidest post I read on this forum. Your posted one earlier and I let it slipped, but not the second time. I own gold myself. Do yourself a favor, check the gold price before and after QE rampant. Why would I be against QE? If anything, I love Ben The Printer to print more, at a fast and furious pace so my "gold" will be skyrocketing.

No one who owns gold, in their right mind would be against quantitative easing. My guess is beside under-educated, misinformed, misguided and brainwashed, critical thinking is another thing you do not possess eh. Not surprising here.

**sweetdaddy620** · Mar 24 2012, 08:17 AM

Originally Posted by dujac

if i'm under-educated then it should be no problem for you to demonstrate that i'm wrong

let's take this assertion first, the fed is not a private, profit-making institution

show me how that's not correct, with the info source

with who? goldbug propagandists

Oh the name calling you guys are like 1st. Graders

My dad will kick your dads azz

Grow up an convey your argument. Please

Goldbug.....goldbug have you any fools yes sir, yes sir,a whole forum full

**dujac** · Mar 24 2012, 08:23 AM

Originally Posted by snooop

And yet you fail to enlighten us how $3 trillion worth of toxic trash are parked on the Fed balance sheet as we speak.

i suppose it's because they bought it

Originally Posted by snooop

This must be stupidest post I read on this forum. Your posted one earlier and I let it slipped…

what a joke

Originally Posted by snooop

I own gold myself.

i inherited a gold and silver coin collection from my grandfather that came from his grandfather and i added to it quite a bit during the 1970's after gold became legal to hold, so i have quite a bit of gold and silver, but in all this time, it hasn't ever given me any financial return, on the other hand my business and investments have given me quite a good income

i take it that your non-response to the fed profit and ownership issue i presented, indicates you have little to no understanding of how the fed operates and can only parrot propaganda you read on the internet or partisan media outlets

**snooop** · Mar 24 2012, 08:34 AM

Originally Posted by dujac

i suppose it's because they bought it

You've demonstrated a total lack of reading comprehension. Of course they did. But that was not the point. The point is the Fed is a private bank who has monopoly power of issuing US dollar to backstop banks' bad business practices, and they can do it at anytime without having anybody's approvals.

Originally Posted by dujac

what a joke

Thank you for admitting you're a laughing stock.

Originally Posted by dujac

i inherited a gold and silver collection from my grandfather that came from his grandfather and i added to it quite a bit during the 1970's after gold became legal to hold, so i have quite a bit of gold and silver, but in all this time, it hasn't ever given me any financial return, on the other hand my business and investments have given me quite a good income

i take it your nonresponse to the fed profit and ownership issue i presented, indicates you have little to no understanding of how the fed operates and can only parrot propaganda you read on the internet of partisan media outlets

Second time you failed to read comprehensibly. I couldn't care less about what (*)(*)(*)(*)s are in your own house. My point is the only argument you have so far in this thread is either spewing your stupid nonsense or labeling everyone goldbug propagandist.

Let me spell it out slowly this time for you....If I'm a goldbug propagandist, I would love and totally support my hero Ben Bernanke. Due to the Fed actions, my gold has gone up from $600 to $1650/oz in less than 4 yrs. For that, I thank him a million times.

Here is a simple question for you, why would I be against something is obviously benefiting me?

**dujac** · Mar 24 2012, 08:38 AM

Originally Posted by snooop

The point is the Fed is a private bank…

why would a private bank give all it's net-profit to the government?

Originally Posted by snooop

If I'm a goldbug propagandist…

who said you were a goldbug propagandist? i have no idea who or what you are

**sweetdaddy620** · Mar 24 2012, 08:42 AM

Originally Posted by snooop

You've demonstrated a total lack of reading comprehension. Of course they did. But that was not the point. The point is the Fed is a private bank who has monopoly power of issuing US dollar to backstop banks' bad business practices, and they can do it at anytime without having anybody's approvals.

Thank you for admitting you're a laughing stock.

Second time you failed to read comprehensibly. I couldn't care less about what (*)(*)(*)(*)s are in your own house. My point is the only argument you have so far in this thread is either spewing your stupid nonsense or labeling everyone goldbug propagandist.

Let me spell it out slowly this time for you....If I'm a goldbug propagandist, I would love and totally support my hero Ben Bernanke. Due to the Fed actions, my gold has gone up from $600 to $1650/oz in less than 4 yrs. For that, I thank him a million times.

Here is a simple question for you, why would I be against something is obviously benefiting me?

The price spikes isn't value gained thru demand or appreciation

So again why do you like the idea of your commodity jumping up so much

Its actually a slight of hand loss in our market system

Via the currency manipulation lowered purchasing power

Isn't a true gain/benefit too anyone other than debtors and

Central bankers an their buddies